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Town Purchase

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Colorado Town Approves $120M Ski Resort Purchase on Ikon Pass

Originally Published 2 days ago — by Steamboat Pilot

Featured image for Colorado Town Approves $120M Ski Resort Purchase on Ikon Pass
Source: Steamboat Pilot

A small Colorado town, Nederland, is set to purchase Eldora Mountain Resort for $120 million, marking a rare instance of a municipality acquiring a ski resort, with plans to operate it sustainably and maintain community benefits, funded through resort revenues and bonds, and with continued support from the current owner, POWDR.